Shuicheng Iron and Steel Group in Guizhou Province completed a steel system project with annual capacity of 3 million tons per year on September 30. The project included improvement of warehouse and installation of No.4 coke oven, No.3 blast furnace, power system, rails for transporting pig iron, No.4 oxygen making and lime plants. Founded in 1960s, the group boasts production scale of 2.6 million tons for pig iron, 3 million tons for crude steel and 1.8 million tons for finished steel, with total assets of RMB6.68 billion and employees of 24,300.